Business briefs

Published 4:49 pm, Sunday, November 18, 2012

The Stamford Innovation Center has announced the appointments of IBM Software group veteran Peter Propp as vice president of marketing and Long Island incubator leader Pattie Simon as vice president of sales and operations. Propp has worked with hundreds of small technology companies and startups, both in his time at IBM and more recently as a marketing and strategy consultant. Simon served as director of the Long Island Software & Technology Network High Tech Incubator and ran marketing and business development for Prime Visibility, a LISTnet company. Prior to that, she was at the Darcy, Masius, Benton & Bowles ad agency and American Express. The Innovation Center is part of the statewide Connecticut Innovation Ecosystem recently announced by Governor Dannel P. Malloy.

Harman offers speakers for Apple products

Harman International Industries, Inc. announced the release of the first two JBL speaker docks built to support the new Apple iPhone 5, iPad Mini, new iPod models and the revised iPad with Retina display. The JBL OnBeat Micro and JBL Venue LT include the Apple Lightning connector, a reversible, all-digital connector.

GE provides credit facility for Rentech Nitrogen

GE Capital, Corporate Finance announced it is administrative agent on a $300 million cash flow credit facility for Rentech Nitrogen LLC, a manufacturer and distributor of nitrogen fertilizer products, and Rentech Nitrogen Partners, L.P. The financing funded the acquisition of Agrifos LLC, will support future growth projects and provide working capital. GE Capital Markets served as sole lead arranger and bookrunner.